|
Post by Topper Gas on Mar 1, 2018 8:32:24 GMT
Sorry to keep you waiting. I was called to sort an incident with my grandson so couldn't detail much and in light of some comments on here can't be bothered to now. If it helps another £916k was written off this year regarding the UWE project so we ONLY lost £2.1m this financial year. As for corridors of power, they tell me about the trip that was to be arranged in the summer to Sabadell, and also an improvement for our players making a grand entrance to the arena. But of course I could be lying, so what's the point. <iframe width="22.360000000000127" height="4.199999999999989" style="position: absolute; width: 22.36px; height: 4.2px; z-index: -9999; border-style: none; left: 0px; top: 0px;" id="MoatPxIOPT0_72328525"></iframe> <iframe width="22.360000000000127" height="4.199999999999989" style="position: absolute; width: 22.36px; height: 4.2px; z-index: -9999; border-style: none; left: 1055px; top: -170px;" id="MoatPxIOPT0_51196683"></iframe> <iframe width="22.360000000000127" height="4.199999999999989" style="position: absolute; width: 22.36px; height: 4.2px; z-index: -9999; border-style: none; left: 10px; top: -15px;" id="MoatPxIOPT0_52664843"></iframe> <iframe width="22.360000000000127" height="4.199999999999989" style="position: absolute; width: 22.36px; height: 4.2px; z-index: -9999; border-style: none; left: 1055px; top: -15px;" id="MoatPxIOPT0_32495184"></iframe> So basically the £1/2m losses is what we all expected plus £1m is due to the previous owners now failed UWE project, have to agree with Hugo you just like the attention, as really there was nothing new to see, hence why you claim you can't be bothered now.
|
|
|
Post by paulpirate on Mar 1, 2018 8:35:36 GMT
If the club gave our best players better clauses in their contracts in favour of the club there wouldn’t be a loss Taylor & bodins should of covered that loss easily
|
|
|
Post by pucklegas on Mar 1, 2018 8:48:23 GMT
his previous posts have shown a lack of credibility and good intention albeit I do concede this figure may be accurate in this instance. The motive though is always a concern. Oh how I wish his posts reflected his well-meaning character. But the rules state to “Constructively attack posts not posters.” I’ve simply highlighted that this rule has been breached and asked mods to take action. I’m sure you can’t have an issue with that? Are you new on here, the OP constantly seeks attention with wild comments, he agreed the players were not paid before Xmas, then denied it, he obviously is anti Wael, and used to have a direct line to Higgs, there is a lot of history to this poster, why only post a cryptic comment he fuels critical comments with his style. In time you will see this, Hugo and others have cottoned onto this long ago! Hugo is a very respectable mod. lets get back to football issues please.
|
|
|
Post by Topper Gas on Mar 1, 2018 9:04:39 GMT
If the club gave our best players better clauses in their contracts in favour of the club there wouldn’t be a loss Taylor & bodins should of covered that loss easily Aren't clauses inserted because the players insist on them before they'll sign a new contract not the club?
|
|
|
Post by faggotygas on Mar 1, 2018 9:18:23 GMT
I'd like to see more detail of how this loss is made up. For instance, when we pay a transfer fee, that generates an asset spread over the length of the contract, doesn't it?
|
|
|
Post by peterparker on Mar 1, 2018 9:33:18 GMT
I'm afraid this has turned into a typical back-biting Gaschat thread but going back to the meat of the subject I'm surprised people are so sanguine about these figures. If these losses (which in operational terms seem to be significantly worse) are being clocked up against the value of the Mem then the critical point in terms of cumulative investment/losses exceeding asset value will soon be here. We are then left with hoping that the family will continue to fund the losses on an unsecured basis (whilst moving forward with investment). They may well be prepared to do this but this feels ike blind faith which personally makes me nervous. Surely that's the same whoever owns the club though and 90% of other clubs as well
|
|
|
Post by gasforeverman on Mar 1, 2018 9:34:26 GMT
A very uncertain future for our club unless our owners invest bigtime even the happy clappers wont be smiling
|
|
|
Post by jungleboogie on Mar 1, 2018 9:34:33 GMT
The figures I quoted are those in the recently issued accounts received by the Shareholders who have bothered to ask for a copy, not a mythical figure some posters have suggested, even some moderators. The comment by Gasinsider is 100% correct, it should be as he also has a copy of the accounts. I am very disappointed that some of the Moderators have spilled their usual bile, it says more about them than the OP. Nah, think most peoples opinion about the OP, and certain others is bang on the money! #UTG
|
|
|
Post by Henbury Gas on Mar 1, 2018 9:37:28 GMT
A very uncertain future for our club unless our owners invest bigtime even the happy clappers wont be smiling How will you feel when they commit BRFC to a £65m build cost
|
|
|
Post by pucklegas on Mar 1, 2018 9:47:42 GMT
A very uncertain future for our club unless our owners invest bigtime even the happy clappers wont be smiling How will you feel when they commit BRFC to a £65m build cost Waels interview did not look like a bloke who is down on his luck, he obviously has some backers for our new bespoke stadium at Filton with outside backers. HG we are not rose tinters but can’t others see this, Hani cannot let the club fold as it is financial suicide. im stuck now in the boardroom under the table and they ve locked the door😂
|
|
|
Post by baggins on Mar 1, 2018 11:10:47 GMT
How will you feel when they commit BRFC to a £65m build cost Waels interview did not look like a bloke who is down on his luck, he obviously has some backers for our new bespoke stadium at Filton with outside backers. HG we are not rose tinters but can’t others see this, Hani cannot let the club fold as it is financial suicide. im stuck now in the boardroom under the table and they ve locked the door😂 What socks are they wearing?
|
|
|
Post by philbemmygas on Mar 1, 2018 12:37:23 GMT
his previous posts have shown a lack of credibility and good intention albeit I do concede this figure may be accurate in this instance. The motive though is always a concern. Oh how I wish his posts reflected his well-meaning character. But the rules state to “Constructively attack posts not posters.” I’ve simply highlighted that this rule has been breached and asked mods to take action. I’m sure you can’t have an issue with that? Andy I don't knowwho this character is, but he certainly seems to revel in any (possible) bad news within the club. His one line revelations are often proven to be less than accurate hence some of the comments in this thread. In this case the figure is pretty much accurate; however adding some context to the original post could have cut this thread short. UTG
|
|
|
Post by pucklegas on Mar 1, 2018 12:56:54 GMT
Waels interview did not look like a bloke who is down on his luck, he obviously has some backers for our new bespoke stadium at Filton with outside backers. HG we are not rose tinters but can’t others see this, Hani cannot let the club fold as it is financial suicide. im stuck now in the boardroom under the table and they ve locked the door😂 What socks are they wearing? Stripes, and Waels are the simpsons😂
|
|
|
Post by baggins on Mar 1, 2018 12:58:41 GMT
A very uncertain future for our club unless our owners invest bigtime even the happy clappers wont be smiling Uncertain? We've never made a profit and loss figures have always been covered by whomever our owners were/are. It's nothing new.
|
|
|
Post by baggins on Mar 1, 2018 12:59:34 GMT
What socks are they wearing? Stripes, and Waels are the simpsons😂 I knew it! Any sandwiches hitting the floor you can snack on?
|
|
|
Post by pucklegas on Mar 1, 2018 13:03:19 GMT
Stripes, and Waels are the simpsons😂 I knew it! Any sandwiches hitting the floor you can snack on? Finger buffet, looks like mums gone to Iceland!😂
|
|
|
Post by Topper Gas on Mar 1, 2018 13:05:49 GMT
A very uncertain future for our club unless our owners invest bigtime even the happy clappers wont be smiling Uncertain? We've never made a profit and loss figures have always been covered by whomever our owners were/are. It's nothing new. But we've never made annual losses of this magnitude, nor had total debts exceeding our assets since we moved back to Bristol.
|
|
|
Post by CheshireGas on Mar 1, 2018 13:10:53 GMT
Uncertain? We've never made a profit and loss figures have always been covered by whomever our owners were/are. It's nothing new. But we've never made annual losses of this magnitude, nor had total debts exceeding our assets since we moved back to Bristol. But then we never had to go to Wonga to borrow money before at extortionate rates nor engaged in legal battles that even the most naive of supporters let alone directors should have known we had no chance of winning, neither had we depended on a so called construction professional who wanted to build a stadium on a 125 year lease giving away all of the match day income to the Freeholder, nor had we come so close to being put into administration, etc etc
|
|
|
Post by baggins on Mar 1, 2018 13:13:29 GMT
Uncertain? We've never made a profit and loss figures have always been covered by whomever our owners were/are. It's nothing new. But we've never made annual losses of this magnitude, nor had total debts exceeding our assets since we moved back to Bristol. We're in debt more than what the Mem site is worth? Things change, the structure of the game has changed since we came home, and we all wanted DC to stay, sign players, buy a training ground, employ more people behind the scenes, didn't we? It all costs, more now than ever before. Just as well we've got an owner to bankroll us.
|
|
|
Post by peterparker on Mar 1, 2018 13:24:58 GMT
Uncertain? We've never made a profit and loss figures have always been covered by whomever our owners were/are. It's nothing new. But we've never made annual losses of this magnitude, nor had total debts exceeding our assets since we moved back to Bristol. We could have lost £20m, but as long as the owners want to fund it.
I don't particularly want to see huge losses, but again the losses need to be taken into context with the whole financial statements which includes the owners and directors statements as much as the figures
|
|